alike, the program has doled out $550 billion, with $120 billion remaining left to be claimed.
The new bill extends the time businesses have to use loan funds from eight weeks to 24 weeks, and reduces the amount that businesses areIt also extends the time businesses have to rehire workers, use the funds to pay them, andWith many businesses currently shut down or operating under capacity, the extended timeline increases the hope many have of
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
After a rush for more small business funding, PPP loan money remains untappedMore than a month into round two of the Paycheck Protection Program, there's more than $120 billion still left unallocated for small businesses. Better to allocate and not spend it. Watch Democrats try to take it and hand to corrupt, poorly-run, blue-state governments, pay for abortions, and leftist media. “Mr Wonderful”: Buy $GLD If you’re looking to invest in forex,bitcoin investments and make more money I would recommend Mrs Lisa to you ,I was really amazed when I got my first profit in 7 days of trading I can’t stop spreading the good news thank you ma’am...you can reach her on WhatsApp on +12132243837
Source: CNBC - 🏆 12. / 72 Read more »
Senate passes bill lengthening coronavirus small-business loan termsThe U.S. Senate unanimously approved legislation on Wednesday giving small businesses up to 24 weeks to use Paycheck Protection Program loans created during the coronavirus pandemic, up from the current eight-week deadline. Any more flexibility and it will fail the name “pay check protection.” *Big Corporation handout program. There I fixed it for you.
Source: Reuters - 🏆 2. / 97 Read more »